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Peter Mutua Maithya of Vimcape Capital Limited appeared before Magistrate Lucas Onyina and denied the charges.
He was charged that on diverse dates between January 26, 2020, and September 13, 2021, at the Vimcape Capital Limited Office in Bruce House, with the intention to defraud, he obtained Sh 16,750,000 from Janet Middah by falsely pretending that he was making a capital investment for the benefit of Middah, knowing it was false.
He pleaded for leniency and was released on Sh 1.5M cash bail.
